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Overview: Molendotech Ltd

Company Registration number

10842089

Year founded

2017

Location

Truro, Cornwall

Stage

Post revenue

Industry

Water Testing

SEIS/EIS available

EIS

Advanced assurance

Yes

Previous investment

Yes
(£2m)

Grants won

Yes
(£650,000)

Real time water test for water users and authorities

Molendotech is transforming water quality monitoring with BactiQuick – the “Lab in Your Pocket.

Water contamination is a global crisis, yet today’s testing methods are slow, expensive, and reliant on central laboratories. Results typically take 24–48 hours, leaving water users(holiday makers, swimmers, surfers, dog walkers etc..), regulators and industry blind to real-time risk.

BactiQuick changes everything for water quality

Our patented fluorescence-based technology detects bacterial contamination in less than 15 mins, delivering lab-grade accuracy at the waterside without the need for the lab. Compact, field-deployable and cost-efficient, it enables instant decision-making for water users, water companies, river trusts, coastal authorities, aquaculture, tourism, and environmental regulators worldwide.

Revenue producing

We’re now scaling from successful sales in the UK into full commercial deployment in the US, UK and Europe. The demand is clear: authorities and industries need fast, credible microbial intelligence to protect public health, reduce environmental breaches, and prevent costly shutdowns.

We have appointed a US distributor and a distributor in Scandinavia to expand our global presence.

Having made £1,100,000 of income with the existing product Bacterrsk in the last 5 years we launched our game changing product Bactiquick in May 2025 and this product has advantages that have become clear to our customer base.

Turnover in 2025 in the US was just £25k. In 2026 we are already targeting sales in the range of £350k – £500k through a single regional distributor.

Bactiquick advantages

The first hand held water test kit for real-time bacteria measurement in water. The cost effective, lab quality test run at the water’s edge inside 15 MINUTES, is instantly uploaded to the cloud via your smartphone, eliminating the drive to the lab, and enabling data sharing with all relevant stakeholders

The raise and the exit

Molendotech is raising a £500k pre-Series A round to accelerate manufacturing, expand UK and US sales, and build out our environmental intelligence platform. The value inflection points are clear in 2026 and that is why we will have a series A in 2027. We will build out our distributor network world wide with at least 6 agents, have enough data in strategic areas to prove our SaaS intelligence network and produce a Subscription level of water quality data and plan to have an exit event in 2030

The recurring revenue from our test kits (the consumable) provides the much more significant income contribution compared to the one-off hardware income.

A serious strategic acquirer is already engaging with the board.

We have soft pledges of £200k from existing investors and that includes a £50k pledge from our new US distributor.

 

Thankyou

We want you to be a part of a technology that is reshaping global water quality – putting a “lab in the pocket” of every frontline water user community, water company, and regulator.  Enabling widespread, regular, real-time monitoring of water condition should drive up the quality of coastal and river waters globally!

What gets measured gets fixed.  Let’s fix water quality at the speed the world deserves.

www.bactiquick.com
www.molendotech.com

Link to Cornwall:

Company based in Cornwall.

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